Fair Isaac Corp CEO William Lansing sells shares worth $5.2 million

Fair Isaac Corp (NYSE:FICO), a $45 billion market cap company with an impressive financial health score of "GREAT" according to InvestingPro, saw its President and CEO William J. Lansing sell a significant portion of his holdings in the company. According to a recent SEC Form 4 filing, Lansing sold a total of 1,801 shares of Fair Isaac Corp common stock on April 8, 2025. The sales were executed at prices ranging from $1,718.97 to $1,790.44 per share, bringing the total value of the transactions to approximately $5.2 million.

Following these transactions, Lansing retains direct ownership of 42,138 shares in the company. Additionally, Lansing holds an indirect interest through the Lansing Revocable Trust, which owns 331,651 shares.

This filing is part two of a two-part Form 4 submission, detailing Lansing's transactions on that date.

In other recent news, Fair Isaac Corporation, known as FICO, reported an adjusted earnings per share of $5.79 for the first quarter of fiscal year 2025, falling short of JPMorgan's estimate of $6.37. This shortfall was linked to slower-than-expected revenue growth in the Scores segment, despite a 16% firmwide revenue increase on an organic, constant currency basis. The B2B Scores business saw a 30% year-over-year revenue increase, with mortgage originations revenue rising by 110%. However, the Scores segment's growth of 23% year-over-year did not meet the anticipated greater than 30% growth. In other developments, FICO expanded its intellectual property with new patents in AI and machine learning, enhancing its technological capabilities in areas like fraud detection and cybersecurity. Additionally, BofA Securities initiated coverage on FICO with a Buy rating and a price target of $2,800, citing the company's growth potential and pricing power. RBC Capital Markets also upgraded FICO's stock rating to Outperform, raising the price target to $2,170, while JPMorgan adjusted its price target to $1,900, maintaining a Neutral rating. Meanwhile, FICO, in collaboration with TransUnion (NYSE:TRU), introduced new credit tools in Kenya to boost financial inclusion, including a Kenya-specific FICO Score designed to improve lenders' credit risk assessment.

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